The earnings call depicted a strong financial performance with record revenue growth across various segments and geographies. Despite increased expenses due to acquisitions and higher commissionable revenues, the company's strategic initiatives and market share gains in key areas like FMX and ECS indicate robust growth momentum.
Company Guidance
During the BGC Group, Inc. Third Quarter 2025 Earnings Conference Call, the company reported record third-quarter revenues of $737 million, a 31% increase from the previous year's $561 million. The growth was driven by a 114% increase in ECS revenues to $241.6 million, with significant contributions from OTC and organic growth in the energy sector. Rates revenues grew by 12.1% to $195.3 million, and foreign exchange revenues increased by 15.9% to $106.7 million. Credit revenues saw a modest rise of 1.6% to $69.1 million, while equities revenues rose by 13.2% to $60.4 million. Fenics revenues also grew by 12.7% to $160 million, with FMX UST setting records in average daily volume. BGC's cost reduction program aims to enhance profitability, and the company anticipates fourth-quarter revenues between $720 million and $770 million, projecting approximately 30% growth from the previous year. Adjusted earnings for the quarter were $155.1 million, a 22.4% increase, with a post-tax adjusted earnings per share of $0.29.
Record Third Quarter Revenues
BGC Group reported third quarter 2025 revenues of $737 million, up 31% from the previous year, marking a record high.
FMX Performance
FMX set new records in SOFR Futures and U.S. Treasury with SOFR Futures ADV and open interest increasing more than threefold versus the previous quarter. U.S. Treasury market share reached an all-time high of 37%.
ECS Revenue Growth
ECS revenues grew by 114% to $241.6 million, driven by OTC and strong organic growth across the broader energy complex.
Global Revenue Growth
EMEA revenues increased by 37.4%, Americas revenues by 28.1%, and Asia Pacific revenues by 17.4%.
Share Repurchase Program
BGC's Board and Audit Committee reapproved a share repurchase authorization for up to $400 million.
BGC Group (BGC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BGC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
$9.12
$9.11
-0.11%
Jul 31, 2025
$9.70
$9.25
-4.64%
May 07, 2025
$9.45
$9.27
-1.90%
Feb 14, 2025
$9.43
$9.28
-1.59%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BGC Group (BGC) report earnings?
BGC Group (BGC) is schdueled to report earning on Feb 12, 2026, Before Open (Confirmed).
What is BGC Group (BGC) earnings time?
BGC Group (BGC) earnings time is at Feb 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.